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The primary task of the parent company Veidekke ASA is to exercise ownership over the operative entities of the Group. The company has 40 (38) employees, of whom 14 (15) are women.
Veidekke ASA performs a number of Group functions for its Group companies, including services such as financial management, operation and maintenance of IT systems, handling of the Group’s insurance arrangements, performing HSE functions and providing legal expertise. Veidekke ASA invoices each of the subsidiaries for these services, and the payments are included in the company’s operating revenues.
Veidekke ASA’s accounts are prepared in compliance with NGAAP (Norwegian accounting rules).
The company’s operating profit amounted to MNOK -27.0 (MNOK -40.3). Dividends and group contributions from subsidiaries totalled MNOK 449 (MNOK 893).
Dividend
For the financial year 2009, the Board of Directors proposes a dividend of NOK 2.5 per share, totalling MNOK 334.3. Veidekke’s future dividend policy will not be affected by any repurchases of shares, and dividends will continue to constitute at least 50 percent of earnings per share. For more information, the Board of Directors refers to the company’s dividend policy, which is described under Shareholder Information.